Pavel Grachev, Chief Executive Officer of PJSC Polyus:

Over the years, Polyus has made significant progress in embedding sustainability across our operations. As a major enterprise, we must work responsibly to ensure that Polyus continues to create value for all of our stakeholders. This involves a commitment to developing our employees and protecting the broader communities where we operate as well as the natural environment.

Polyus in major ESG ratings

Sustainalytics 29.2 (Medium Risk, 2020 ESG Risk Rating Report)
MSCI ESG Rating A (January 2020)
SAM Corporate Sustainability Assessment 54 (72nd percentile — 2020)
WWF and UN Russian Metals and Mining Companies Environmental Transparency Rating 1st place (2019)

Key sustainability progress

We measure our sustainability progress against the following focus areas:

  1. Ensuring the safety of our employees
  2. Managing our environmental impact
  3. Supporting community development

Ensuring the safety of our employees

2017 Priorities 2017 Progress 2018 Priorities
  • Reduce injury rate
  • Zero fatalities
  • Improve Health and Safety management system
  • Ensure compliance with international standards
  • Injury rate reduced by 20%
  • Contractor injury rate reduced by 90%
  • Zero Fatalities
  • 85% of drivers engaged in passenger and dangerous goods transportation received “Protective driving” training
  • Sustainability Action Plan implementation completed, and passed ICMM audit
  • Implementation and certification of the integrated HSE management system
  • Zero injury rate
  • Reduce number of road traffic accidents and related injuries
  • Improve MedChecks quality — implement daily MedChecks
  • Implementation of HSE Leadership standard
  • Increase safety culture level to 2.2 by 2018 and 2.5 by 2020 on the Bradley scale

Managing our environmental impact

2017 Priorities 2017 Progress 2018 Priorities
  • Reduce greenhouse gas emissions
  • Enhance energy efficiency
  • Improve waste management practices
  • Implement new environmental standards
  • Reduce number of severe environmental incidents
  • 4.8% reduction in greenhouse gas emissions
  • $40.6 million spent on environmental protection
  • 45.2kWh energy saved per kg gold produced
  • 89% of water recycled and reused
  • Work towards a 15% reduction in greenhouse gas emissions by 2020
  • Implementation of corporate standards on Reclamation and Mine Closure and a Standard on Cyanide Management
  • Develop a Company Waste Utilisation Campaign
  • Biodiversity assessments at all business units
  • Introduce Environmental protection and Greenhouse gas management corporate training courses

Supporting community development

2017 Priorities 2017 Progress 2018 Priorities
  • Develop infrastructure in our regions of operation
  • Provide social support through charity, donations and sponsorship
  • Implement federal and regional projects that deliver a range of social and economic benefits
  • $42.6 million allocated to social support activities
  • Over 90% of social expenses allocated to charitable projects
  • Increased support for arts and culture
  • Improve goal-setting process for community engagement
  • Support the third Polyus Golden Season Theatre Competition